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Delhi, Jul 22 (PTI) Guar gum prices on Wednesday rose by Rs 59 to Rs 11,719 per quintal in futures trade as speculators increased their holdings amid a firm spot demand.
On the National Commodity and Derivatives Exchange, guar gum contracts for August delivery traded higher by Rs 59, or 0.51 per cent, to Rs 11,719 per quintal with an open interest of 64,905 lots.
Analysts said after tracking a firm physical market trend, traders raised their bets, which led to a rise in guar gum prices. PTI DR DRR
